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the average middle-class family would have to pay about $2,000 a year more in taxes. house speaker john bain of lands the stalemate on the obama administration. he says they are not taking republicans seriously and plans to close loopholes and lit it deductions without raising taxes. >> i realize of the president may not agree but if there is another way to get revenue from upper income americans that doesn't ruin our economy why don't we consider it? >> we won them to tell the american why they won't do it. >> the democratic controlled senate has are the agreed to extend the bush tax cuts for incomes under $250,000 but let the other tax cut expire. it is predicted their rugby at least a short-term deal released before the end of the year. >> of when it comes to a president's second inauguration at the crowd tends to be smaller. that will be the case again this january. the cross the present obama as inauguration on january 21st will be close to 800,000. that is the estimate right now. that is down quite a bit from the 1.8 million people crowded the national mall and 2008. >> i think that is
team are demanding that congress allow bush era tax cuts to expire. >> there is no responsible way we can govern this country with those low rates in place for future generations those rates have to go up. >> reporter: republicans have drawn a line in the sand on raising tax rates signaling they are open to raising revenue by reforming the tax code and limiting reductions for the wealthy. >> right now i would say we are nowhere. >> reporter: president obama asking for 1.6 trillion in new tax revenue over 10 years, boehner is offering half that. the president offering 600 billion dollars in cuts to medicare and other programs. the speaker says that is not enough. he hasn't outlined what he thinks should be cut. if they can't avoid the fiscal cliff, january 1st, nearly every american will pay more income tax between $2,000 to $2400 for the average family, 2% cut in payroll taxes will disappear, 500 billion dollars in automatic spending cuts in effect, half at the pentagon the other half from educating, transportation, food safety and research. economists fear if washington can strike a
family will see their income taxes automatic go up at the beginning of next year. a normal middle class family of four will see them rise by $2,200. >> he urged congress to pass a law that would prevent the tax hike. >>> house speaker said fiscal talks are going nowhere. >> i'm willing to move forward in good faith. our framework still stands. instead of raising tax rates we can produce similar amount of revenue, reforming the tax code to close loopholes and lower tax rates. >> the speaker said the two sides are at a stalemate. if nothing is done hundreds of billions of dollars of tax increases and spending cuts will happen january 1st. >> the oakland mayor has appointed her deputy mayor. he will start his new position on monday. he was co chair of her campaign. before getting elected to the assembly in 2006. >> berkeley police are asking for the public's help as they search for a man accused of touching a student. the student was walking between two campus buildings around 7:30 and when a man grabbed her. he is a latino, 5'5'' with dark shoulder length wavy hair. >>> a man was ple
prop 30, which raises taxes on people who earn more than $250,000 a year. it also increases the sales tax. well, the ucla and der son forecast says because of prop 30 -- anderson forecast says because of prop 30, unemployment will not improve as fast and personal income will be less than expected. but economists say california is still on track for economic growth and more jobs. >>> well, sheriffs in solano county want your help. they are trying to catch vandals who damaged a home known for its holiday displays. every year, bob and linda taylor transform their home in vallejo on glencove road into a christmas wonderland. but this year, someone ripped down some of their lights and dragged them in the streets and they were run over. the taylors say the lights can be fixed an santa claus will still come. >>> another example of a grinch on the loose. what happened at a local christmas tree lot run by boy scouts. >>> i'm gonna go ahead and announcement my retirement. >> katt williams calls it quits. the latest incident that prompted that announcement. ?f< did you get chips for the party? n
't seem to be apparently an issue for them. >> reporter: a potential change in capital gains taxes coming up, maybe that was the driving force for the sale this time. or not. the rich may be just like you and me. they just have enough money not to care about such things. mike sugerman, cbs 5. >>> well, for the rest of us, coming up in the next half hour, the "fiscal cliff." it's staring in the face of washington. with less than a month until the deadline, why president obama is spending time on twitter. >> the new evidence linking brain damage to repeated concussions. why a bay area doctor says it's still too early to ban tackle football for kids. >>> i'm delighted for them. i'm sure they will make absolutely brilliant parents. >> the royal couple is expecting. why kate though is in the hospital and will be for several days. ,,,,,, it's the little things in life that make me smile. spending the day with my niece. i don't use super poligrip for hold because my dentures fit well. before those little pieces would get in between my dentures and my gum and it was uncomfortable. even well-fitti
will consider a makeover for the fox theatre. councilmembers are weighing a request from the owners for a tax break. in exchange, the owners will make a number of improvements to the historic building over the next 10 years. >>> a coast guard investigation into suspected smuggling near the channel islands off the santa barbara county coast has turned tragic. a small boat deployed by the coast guard was rammed by a smuggler's vessel before dawn yesterday. the collision threw two coast guard members into the water. one of them was killed and another was injured in that incident. >>> l.a. police say four people were found shot to death outside a large home in suburban northridge. the dead were two women in their 20s a man in his 30s and another man in his 40s. the incident happened early yesterday morning. the home apparently served as an unlicensed boardinghouse. detectives are now looking into a motive. >>> a second chance for same- sex marriage could happen in just a few hours when the u.s. supreme court will announce more cases it plans to take up. the high court did not include same-sex mar
warning letters to more than 900 ambulance patients saying a tax fraud ring may have had access to some of their personal information. a former employee that handles berkeley's billing accessed client informs reportedly to give it to a tax fraud ring. the information may include names, social security numbers and birth dates. 13 people have been arrested so far for their involvement in that ring. >>> 7:07. the good news, muni is back in service. >> that's right. full service. up right now, the hyde cable car was down. it was cleared just before 7:00. everyone back to normal in san francisco with your mass transit. >>> we're gonna take a look outside. we have backup extending all the way to the maze. also starting to see some backup on the east shore freeway. 280 at the 880 split, you can see slow going on 280 as you are headed northbound on santa clara. give yourself extra time there as well. back up to san francisco, let's take a look at the golden gate bridge. shot such a pretty shot -- such a pretty shot. 7:08. let's check in with steve. >>> tara, good morning. a few breaks in the cl
-thirds majority in the election last month call for a parcel tax to fund fire services. >>> capitol hill lawmakers now have just four weeks to agree on a budget solution and judging from the rhetoric on both sides, they are getting nowhere. here's susan mcginnis with more on today's scheduled talks and the latest proposal from republicans. >>> reporter: governors from six states are headed here to washington today to tell president obama their thoughts on the "fiscal cliff." the bipartisan group says both sides need to work together to avoid the tax increases and spending cuts due to kick in at the end of the year. >> no one is going to get what they want. but we have to compromise. if everything is going to be on the table, how do we negotiate? >> reporter: republicans have given a counterproposal to the president's plan which he issued last week. they say their plan would cut $2 .2 trillion from the federal deficit over 10 years. but $600 billion in healthcare cuts, $300 billion in cuts to mandatory spending, and another $300 billion in cuts to other federal spending. the biggest difference betw
the year end fiscal cliff. he will make the case that congress needs to take action to stop taxes from going up on middle class consumers during the holiday season. republicans say they are not impressed with the president's latest proposal brought to capitol hill yesterday by treasury secretary timny geithner. the white house proposal contists of $1.6 trillion in higher taxes over ten years. the administration wants $50 billion for infrastructure spending in 2015. in return the president is offering to support an unspecified amount of spending cuts this year and legislation for saving up to $400 billion from programs such as medicare over a decade. >>> 5:47. the great hostess bakery selloff can begin. the judge approved to sell all of the hostessing a sets including baking plants, recipes, and trademarks. it also included $2 million in bonuses if they meet certain standards in the way they handle the liquidation. >>> voters in richmond may have rejected a tax on soda but the battle isn't other bay area cities that are considering similar measures. >>> mountain view police will release
the president released this new video calling for tax relief for working families with less than a month to go, republicans and democrats remain far apart. without a deal, nearly every american will pay more income tax between $2,000 and $20 400 for the average family. >> we are -- going over the cliff, clear they made a political calculation. >> the president and his team demanding congress allow bush era tax cuts for the wealthiest 2% of americans to expire. republicans have drawn a line in the sand on raising tax rates signaling they are open to raising revenue by reforming the tax code and limiting deductions for the wealth any. >>> nancy pelosi weighed in on the fiscal cliff while stepping out for a night of glamour. the democrat from san francisco stroll photographers last night at the kennedy center honors in washington, d.c.. she told reporters it would be a wonderful christmas gift to the american people to have a tax cut come january. the annual gala event at the kennedy center honored entertainment greats. they received the nation's highest ward for influencing culture through art.
department jobs that could be lost if automatic trick -- automatic tax cuts are formed. >>> bill clinton says he's not sure if hillary clinton will run for president. she said she does not want to continue a secretary of state for president obama's second term. she said she wants to focus on issues to -- that are important to women. >>> let's see what tara is seeing on 880. >> we have a lot of traffic on pinole and then past the golden gate gate. we're in berkeley/emeryville. we have a traffic issue in here. 280, northbound towards santa clara, looking pretty bad. give yourself extra time. let's check in with steve. >>> tara, thank you. there's definitely some breaks in the clouds. jive seen gusts to 25 miles per hour. i dent think this -- i've seen gusts to 25 miles per hour. i don't think this -- this breeze can helpster things up a little bit. still some low clouds around. i'm seeing breaks in the clouds for san jose. kind of a cooler pattern with the northwest wind. mostly sunny, though, today, no rain except we're done for a while. in fact, as the pattern changes here, even the higher cl
higher taxes. alison. >> reporter: the president is refusing to agree to anything else unless taxes are raised on the wealthiest 2% of americans. in fact, there are some reports this morning that the president isn't even going to hold any other face to face or one on one meetings with republicans until they cave on that demand. john boehner was at the lighting of the if christmas tree last night. republicans are instead offering to close tax loopholes and limit tax deductions that favor the wealthy while extending current tax rates for the middle class. frustration is clearly growing on both sides. >> speaker's proposal right now is is still out of balance. >> we wasted an enormous amount of time here sparring back and forth in public. it strikes me as a good time to get serious about the proposals. >> reporter: a very big potential problem for speaker boehner even if he's willing to compromise with president obama, people within his own party are not are already saying they won't be willing to go along. i'll have more on that during my next update. reporting live from washington, d
, but that high-stakes stalemate is not getting any better. that fiscal cliff, just 29 days until everyone's taxes go up and the white house and congress are absolutely deadlocked right now. >> both sides seeming farther apart than ever. both sides saying, it's your turn to blame. we'll see what happens. >>> also this morning, startling video. it's a little tough to watch but it is okay. it's a prank by a television host setting this magician's hair on fire. now, the magician is okay. he's recovering in the hospital. >> wow. >> what? >> but he is accusing the host of that show of a criminal act. looking at that videotape, it's hard to believe this was any kind of a stunt, as the host claims. >> hard to believe he's okay. >> thank goodness he's okay. >>> wow, also ahead on the show. very special guest today. heidi klum is with us live. here's what she was up to this weekend. looking so glorious. you remember that was supposed to be her halloween costume. hurricane sandy put it on hold and she did a wonderful benefit. to help those who needed it. >> she'll be appearing in full facial crystal this mo
. >> the fact that the house gop leaders propose raising $800 billion in taxes is ruffling feathers in their own party. >> republicans should not be conceding that the federal government needs more money negotiating with ourselves entry in the president's proposal like it is serious. >> gop senator jim demint said anti-government anti- tax paris. >> there are some that want to go the politically expedient route to give the president what he wants to get out of this mess. >> he is hardly the conservative upset with house republican leaders. the conservative action networks in this alert supporters sang card rep tell your representative tax hikes are not part of the solution. the e-mail included a not so subtle threat saying this infamous pledge cost george h. w. bush reelection. >> read my lips. >> aware of the potential blow back that could imperil his leadership john boehner careful to include in other proposal leaders. including paul ryan who spent months on the campaign trail ordinance against tax increases. >> we will cut tax rates for small businesses and work with the family. >> house gop
a two-thirds majority in last month's election. the measure called for a parcel tax to help fund fire services. >>> president obama is closely monitoring a week-long strike at two southern california ports. 800 members of the clerical union who work at the ports of los angeles and long beach had been working without a contract for more than two years. the clerks don't handle cargo but dock workers are refusing to cross picket lines forcing a shutdown of most terminals. experts estimate the strike is costing the u.s. up to $1 billion a day. and it could delay shipments of holiday gift merchandise. >>> there's a tentative contract agreement between port of oakland and union workers. two weeks ago, more than 500 members of seiu local 1021 went on strike. they had been at the bargaining table for 16 months. details of the agreement will be released when the contract is voted on tomorrow. >>> president obama will host a group of governors today to talk about the "fiscal cliff" after he rejected a counterproposal from congressional republicans. that plan promised to trim $2.2 trillion over
to spread his message. the president wants to raise 1.6 trillion in revenue by increasing taxes on the top 2% of income earners. republicans counted with a 2.2 trillion dollar deficit reduction plan, 800 billion dollars in revenue, but didn't call for raising tax rates on wealthy. the proposal was quickly ejected with the white house. >>> new -- rejected by the white house. >>> new poll shows -- gallup asked americans to rate honesty and ethical standards car salesmen got lowest marks 8% marked them high or very high. congress is just above them, only 10% scored in the top two categories to be honest. journalists 24%. top of the rankings, nurses, 84% of americans gave them the highest marks and of course meteorologists right behind that >> i was going to say even though it is not darn -- not a 100% science -- [ talking over each other ] >> 100% science that has accuracy, a little less -- okay stop digging. [ talking over each other ] >> they didn't rate meteorologists i wonder who is dragging who down? [ laughing ] >> touche. >>> good morning. here's a look at a dry picture from sutro tower
was a low d. in order to keep up, the bay area needs to spend nearly $3 billion. lawmakers say raising taxes is controversial but it's the best option. they voted in berkeley to pay higher property taxes to fix roads and other problems in the infrastructure. so engineers say at this point it could be a cautionary tale. pay up now or pay more down the road. cate caugiran, cbs 5. >> thank you. >> go to cbssf.com/weather to see hi-def doppler in your own neighborhood. >>> 5:06. let's check the roads. >> it's dry for now. yesterday we had so many accidents with the rain and wind. for right now the camera holding steady. 880 through oakland no major wind advisories this morning. we did have an accident northbound 880 at high street. it is now clear. so quick trip all the way up between the oakland coliseum and downtown. otherwise the golden gate bridge doing lane changes now so in the meantime you will notice closures in that southbound one commute towards doyle drive. highway 121 at 128 the northbound lane of 121 is block. they are working to clear it now. the accident has been there since 3:30
under prop 30's tax hikes. housing improvements will help the state, california will continue to grow but not as much as it iced to. the forecast says the new tax -- tax revenues under prop 30 will slow economic growth but will not derail recovery. unemployment is one example jobless rate in california should average 10 1/2% by the end of the year improved to 9.7% in 2013 and fall to 8.4 in 2014. meanwhile, great news on home prices. they have surged more than 6% in one year, the biggest jump in six years. the median home price up $18,000 to $178,600. california is one of the top 10 states where prices are rising the fastest. just crossing the wires this morning, labor department reports u.s. workers were more productive this summer, they cost their companies less, that's good. banks are seeing profits again and starting to lend money a little more freely. katie marzullo, abc7 news. >>> another starbucks may pop up around the corner. the coffee giant is expected to announce today that it is planning to add at least 1500 in the united states over the next five years. the plan will boos
stormwater was a d. the bay area needs to spend $3 billion a year to keep up. lawmakers say raising taxes is controversial but the best option at this point. in berkeley they just voted to pay higher property taxes to fix intrastructure. and now engineers are saying it could be a cautionary tale but it's best to pay now rather than pay for it 10 years down the road. live in daly city, cate caugiran, cbs 5. >>> remember, you can get live hi-def doppler radar for your neighborhood anytime and also find information on sandbag locations on our cbssf.com/weather. >>> let's kick it over to traffic now. we have a situation i guess down in san leandro. >> a truck hit cars in a car lot so damage to the cars in the lots. obviously a lot of flashing lights as well over head. we have chopper 5 zooming in. so you are looking live now at the intersection of east 14th and 162nd avenue. this is right there by the united auto center. again that truck just slammed into the cars. no injuries. the truck may have diesel fuel in it. you can see some cars were able to get by. only blocking maybe a lane or two o
's plan to house and senate leaders yesterday. it includes $1.6 trillion in new tax revenue and $400 billion in cuts to entitlement programs. but it doesn't look like geithner's visit did much to bring republicans and democrats any closer to agreement. >> the democrats have yet to get serious about real spending cuts. >> we are waiting for something specific from republicans to show they are serious on negotiations. >> if a compromise is not reached by year's end, automatic tax hikes and across- the-board budget cuts would take effect. >>> former president george h.w. bush is expected to be released from the hospital sometime this weekend. he has been fighting bronchitis since the day after thanksgiving. the 88-year-old is said to be doing well though. good news there. doctors say bush's age and other health conditions have complicated his recovery but he is going to be just fine. >>> well, one of the people holding a winning powerball ticket may be far away from where that ticket was sold. surveillance video from the store in maryland shows this man in a bright yellow outfit checkin
serious about solving this problem. >> a sticking point remains whether to raise tax rates for the wealthiest two percent of americans. speaker boehner concedes the rich will pay more in taxes, but says that won't solve a spending problem. his democratic counterpart says republicans should act for the other 98 percent. >> passing middle income tax cuts means the end of holding them hostage from tax cuts for the rich. >> president obama also tried to pin a negotiating tactic on republicans, saying congress can't tie fiscal cliff negotiations to upcoming debt ceiling votes. >> i will not play that game. we've got to break that habit before it starts. >> it's a sign the two sides have a lot to discuss---once they decide to do so. emily schmidt, kron4 news >> depending on you who you speak with. this wild prank. the hospital got a call from deejays she was pretending to be the queen and he was pretending that he was prince charles. incredibly, the hospital thought that it was correct and they released information. >> the call was put through to the ward and i am not impressed
on the fiscal cliff sings to be apart. the president once said end the bush era tax cuts for people who make $250,000 a year. without a deal, and average middle-class family cut pay about $2,000 a year more in taxes. house speaker john boehner blames the stall made on the obama of ministration. he says that they are not taken republicans seriously with their plan to close loopholes and limit deductions without raising taxes. the democratic controlled senate has already voted to extend the bush does for and comes under too much of a $50,000 and letting the others expire. moody's is predicting that there will be released a short-term deal reached before the end of the year. >> harris said live look from our roof here on van ness avenue in san francisco. you should enjoy today because there is wet weather still on their way. >> we are watching wall street. it u.s. builders boosted construction spending in october of the most of five months, led by housing. strong all sales from ford and chrysler. u.s. manufacturing shrinks to its lowest level since july of 2009, first month after a recession. t
the next decade the proposal includes cuts from programs like medicare and pulsating star tax reform. in a statement white house official said the plan is a fair and balanced as the middle class with the bill. president obama has said any deal must raise taxes on the wealthy. without a compromise automatic tax hikes and spending cuts are scheduled to take affect game refers. >> official have put billions of dollars into jumpstart and repairs to make a livable after superstar on sandy left a daunting toll of damage in the nation's largest city. the nyse rabbit ears program aims to get people back into their own homes not tipperary housing. federal and city officials see it as an innovative answer to this challenge of the housing dollars of storm victims. the program since contractors to restore power, he, and other essential free of charge. contractors have done the initial assessment of about 7000 homes in new york city and 2000 homes for similar initiative on long island. so far only about 400 homes had been completed. >> mitt romney has a job again he is returning to the board of d
. the president will make the case that congress has to take action to stop taxes from going up on middle class consumers during the holiday season. republicans say they aren't impress pressed the president's latest proposal that was brought to capital hill. >>> the proposal is 1.6 trillon dollars in higher taxes, they also want $50 billion for spending in 2015, in return the president is offering to support an unspecified amount of spending cuts this year and also legislation for saving up to $400 billion from programs like medicare over a decade. >> more bay area communities are considering taxes on soda. the first city to put up the idea for a public vote was richmond. that was defeated early this month but now others -- the soda industry said the tax wouldn't work because people would just go to other cities to buy their drinks. >> all right. a second storm is really hitting the bay area. steve is tracking this storm. he will tell you what to expect all day and into your weekend. >> alex smith speaking out on the 49er quarterback controversy. what he said about the coach's decision to st
't be serious. >> if congress fails to act by the end year, tax rates will go up for everyone and across the board spending tax. >>> a new legislative session will start today. democrat are allowed to raise taxes with little fear of republican opposition. but leaders say they are gonna avoid doing that since voters just passed prop 30. republicans, as well as governor brown, will be watching. >>> this month, the state is going to pay public schools and community colleges, the 1.9 billion it owes them. it is money that should have been paid out for over the summer but it was deferred until january. >> now, thanks to proposition 30, the state won't have to wait until then and then the schools will get another payment. >>> students in five states will be spending more time in school. select schools in colorado, connecticut, massachusetts, new york and tennessee, are scheduled to announce today, they are adding 300 hours of class time to the calendar. officials have not said whether they plan to make the school days locker or extend the year. supporters say this will help -- longer or extend
are expected to vote to officially shut them down for good after voters rejected a parcel tax in november. measure q would have preserved existing levels of fire service. officials say they will have to scale back responses to low priority calls. >>> investigators looking into a deadly cabin fire near fairfax say it was caused by a marijuana glowing operation. a body was found burned in the cabin. the fire chief says the source of the blade was illegal wiring feeding -- of the blaze was illegal wiring feeding electricity into that shed. >>> a water line under mountain view drive ruptured following sunday's storm causing the road to collapse. repairs are expected to cost hundreds of thousands of dollars. >>> soon workers blaming a clogged sewer line backed up and broken sewer lines all over that region sewage started spilling out of a money hole sunday morning, 30,000 gallons they are not sure if it reached a nearby creek. >>> tentative settlement between port of oakland and union as oakland is getting extra business because of a port strike in long beach and los angeles. clerical workers
associated press poll shows there is clear support for president obama's insistence on raising taxes on highest income earners. in the poll 48% want the cuts on income exceeding $250,000 a year to expire in january, while continuing them for everyone else, 30 to% wanted to renew -- 32% wanted to renew tax cuts for everyone. >>> this afternoon, the 49ers' new stadium will reap a construction milestone crews will erik the uppermost structural steel beams 200 feet above the ground. -- 49ers ceo york and other dignataries will hold a ceremony. the two beams pained gold will bear signatures of the projects 570 construction workers, 49ers as well as santa clara city leaders. the work began in july. the stadium remains on schedule to open for the 2014 season. >>> we had 49er day earlier in season now it is raiders day. >>> definitely going to be a tough morning. not hanging heavy over the bay bridge or as we look at the ferry building from downtown san francisco wind blowing out of the west keeping dense fog from forming. also what is pushing the moisture into the atmosphere and why we have
district. here is some video of the firefighters at work. we talked about the partial tax called measure q and had failed in november. that would have kept the contra costa fire in a country distich fully funded. because it was shot down there have to close down four of the stations here. they hope to save about $3 million a year out of their $102 million annual budget. which ones will be closed? this one here is on the chopping block, station no. 4. also on the block is at station 11 stations well in march and as a as well as station no. 16 and lafayette. that leaves two stations and lafayette. the stations that were chosen were based on call volume and how many calls they get. the fire district itself is huge, nine cities and about 600,000 people in the district. the district says the answer 41,000 calls a year. the meeting in martinez today will be with the supervisors' offices for the preliminary go over for the stations that are on the chopping block. they're already scheduled to be close. they're encouraging the public to show up the meeting is that 115 pirie and perhap >> police are
ground both sides agreeing that tax revenue and reductions in entitlement spending for programs like medicare are key elements of this bill. republicans may be softening on raising taxes for the wealthy americans. the white house may be bending on accepting greater spending cuts for medicare and possibly raising the medicare retirement age 65 age from 65 to 67. >> thank you mark. we will take a quick break the time is 6:38. we are following the weather. we have quite a bit of rain coming down quite a bit in the bay area especially in the east bay. george is following a hot spot in interstate 80, a backup sonically basically from berkeley up to the cartoonist bridge. george will let us know why and what is going (male announcer): live from the bay area this is the kron 4 morning news. kron 4 news starts now. >> thanks for watching kron fours bay area news channel. here are the top stories we're following a man accused of kidnapping, we're following a man accused of kidnapping, beating, risk girl. authorities (car horn) wpaying with your smartphone instead of cash... (phone rings) that
the rapid growth of programs like medicare and medicaid. the president is insisting that tax rates go up on families will accede to under $50,000 a year. house speaker john banar is adamant that any tax revenues come from overhauling the tax code. clearing tax breaks and lowering rates for everyone. >> two tickets last night. one was sold in arizona one was sold in missouri in both matched all six numbers. arizona lottery officials said they have no information on the winter. they look at now is where it was sold at a press conference. two very lucky ticket holders. >> authorities have released the two names of two teenage girls were shot and killed during a weekend in oakland. 16 year old bobbysartan and 16 euro raquel gerstall will found 6:00 a.m. sunday morning with multiple gunshot spirit please do not have a motive for the killings now. they do not know why the girl for on an oakland street along that early morning. >> will take a quick break it is five 06 a.m. we have a live look outside. this time from the embarcadero in san francisco. you can see the western span across the bay b
. it includes 1.6 trillion in new tax revenue and $400 billion in cuts to entitlement programs but it doesn't look like geithner's visit did much good. >> the democrats have yet to get serious about real spending cuts. >> we are waiting for some specifics, somewhere, from our republican colleagues to show that they are serious on negotiations. >> if a compromise is not reached by year's end, automatic tax hikes and across- the-board budget cuts would take effect. >>> 6:09 on your friday now. the car of the year is going up in price. plus, could this be the mystery multimillionaire? take a look. new video of the possible winner of the record powerball jackpot. >> and a messy morning out there. we're on the stormwatch as we go to break with a look at our hi-def doppler all covered in green and yellow. an update on the storm when we come back. ,,,,,, (car horn) paying with your smartphone instead of cash... (phone rings) that's a step forward. with chase quickpay, you can send money directly to anyone's checking account. i guess he's a kicker... again, again! oh, no you don't! take a step forw
visited a toy factory in pennsylvania urging the crowd to persuade congress to increase the tax cuts. >> it's not acceptable to me or you for just a handful of republicans in congress to hold middle class tax cuts hostage simply because they don't want tax rates on upper income folks to go up. >> we're willing to put revenues on the table. but revenues that -- that come from closing loopholes, getting rid of special interest deductions, and not raising rates. >> congress needs to reach an agreement in the next few weeks to avoid automatic hikes and cuts come january. >>> they bought just five tickets and picked numbers at random. that's how a missouri family lucked into the biggest powerball lottery of all time. cbs moneywatch reporter alexis christoforous shows us the recently jobless couple now the country's newest millionaires. [ applause and cheers ] >> reporter: the country's newest megamillionaires stepped into the spotlight. >> the hill family, come on up. >> reporter: cindy and mark hill of dearborn, missouri, bought one of the two winning tickets for the $588 million powerba
a conference of native american triable leaders. both groups are concerned about automatic tax hikes and spending cuts that will kick in on january 1st if congress does not act. >>> coming up at 6:15 the uphill battle facing this man republican house speaker john boehner within his own party. as he tries to negotiate a deal do avoid that fiscal cliff. >>> time now is 6:08. let's check in with tara. what are you keeping an eye on? >> in san francisco we have issues actually with some backup. spinout near hospital suffer on 101 southbound and there are several cars that are in the fast lane and definitely having an impact on traffic. right now let's take a look at our maps. we can show you where we have other accidents brewing here. 280 northbound. and then we have flooding in the two right hand lanes. so be aware of that. and then if we head over to the oakland care you can -- oakland area we have slowing through the richmond area. we also have this accident still being cleared here at buchanan street and a stalled truck on 24 near the caldecott tunnel. if we take a live look at the b
of the nation's largest companies hoping to convince them of the need of higher tax rates on upper income americans. >> we are not insisting on higher rates out of spite or bickering but, rather, because we need to raise a certain amount of money. >> house majority leader eric cantor echoed of thoughts of his fellow republicans saying more needs to be done about spending. >>> the colorado movie theater where a gunman opened fire during the latest batman movie will finally reopen next month. aurora's mayor says the cineplex will open to the public on january 18. movie theater plans to run free movies for the first couple of days. you may recall 12 people were killed, 58 others injured, when holmes allegedly james holmes opened fire allegedly in july. >>> same-sex marriage is legal in washington signed into law last night by the governor. dozens of people got marriage licenses at the courthouse in seattle. the state has a three-day waiting period so the earliest it can start is on sunday. >>> a federal government is taking action against the makers of a portable baby recliner after five inf
plan by the end of the year. otherwise, tax hikes will automatically kick in. >>> talk about a power lunch. president obama and mitt romney, who will dine at the white house together tomorrow afternoon. this will be the first time they have met since their final debate. the meeting will be private. no aids and no media. >>> armed with guns and sledgehammers, the daring bay area jewelry heist that took 75 seconds to pull off. >>> well, that and $7 will get you a cup of coffee. what's so special about starbucks' new brew? >>> a $580 million jackpot is up for grabs tonight. now california wants in on the action. how soon until you can play powerball? ,, sledgehammers, hit a bay ara jewelry store. it happened in los gatos. c5 reporter kiet >>> they were in and out in a flash. two thieves waving guns and sledgehammers hit a bay area jewelry store. it happened in los gatos. kiet do shows us just how quickly they struck. >> reporter: for employees at this fine jeweler's, the surveillance video captured the longest 75 seconds of their lives. >> did you think you were going to die? >> it cros
. they want to make the pay out before the higher tax rates may kick in this case congress and the white house can't reach a budget compromise. other companies including tyson foods and wind resorts have announced similar moves. there are reports apple is considered doing the same thing but of course apple has made no comment yet. >> the president is sending the treasurey secretary to capitol hill for fiscal cliff talks with congressional leaders. jamie joins us now by skype from washington dc. any progress in clearing the gap? >> reporter: we are trying to figure out that right now. he was just down stairs from me in the capitol a little while ago. his first meeting with harry reid, next meeting now with john baynor. we hope to hear from both of them in about an hour. nobody is quite sure whether this is a new plan that they are bringing up to sort of shop with leaders, you know we -- if we were talking about negotiations today on the fiscal cliff we may think of a big room or everybody is meeting together at once. that's not what is going on. he is meeting first with reid and then with bayn
in automatic tax increases and spending cuts take effect. this week - a few republican lawmakers suggested they might be never raise taxes. and some conservative that the house quickly pass democratic legislation extending the expiring tax cuts for incomes below $250,000. >> michael yaki is is here. >> and there were talking turkey, it -- about what they were talking about it was a don't call me, don't call you type of situation. >> a test to look like it lasted a long but the white house has reached an agreement. >> they have met with the senate and leadership with 146 trillitrillion one. -6 triln dollars in tax increases and also reductions for spending. the mortgage interest reduction is not on the table and 400 billion on on determined to cuts it is a framework for discussion. the president keeps on light of that there is a senate bill in the house that will stop the increases for people earning less than $250,000. >>catherine: what is your best guess on what is the final step to break through? >> there are still yelling, talking it will be difficult. on the other hand, i think there's
vein workers that a tax hike could spoil the hole days. >> that is sort like the lump of coal you get for christmas, that is a scrooge christmas. >> the spoke at a toy factory and usualed them to contact their congress members and get them to support the white house plan which will do that. house republicans argue his plan would cripple the economy. >>> the storm may be to blame for a couple of big rig truck crashes this morning. one happened around 2:00 a.m. on westbound 580 at 680. it hit a puddle jackknifed and crashed there. fuel spilled, which kept the lanes closed for four hours. the driver was not hurt. >>> another big rig crash on 580 there livermore at the north flynn road off-ramp. the driver told ktvu he began slipping and sliding and crashed. 1 trailer filled with gravel flipped over blocking lanes, no one was hurt and that crash has been cleared. >>> for more on what traffic is like let's go to tara moriarty in the traffic center, still slow spots. >> that's right a traffic advisory has been issued for that, take there instead. >>> a live look there, not too many folks o
. the fire chief says he needs to make the move because a parcel tax increase failed. he plans to use the reserve force to provide coverage for the other areas. >>> investigators in san francisco are trying to figure out how a man's body ended up on muni tracks. police got the call just before 8:00 this morning. the body was found near the at&t parking lot in a mission bay neighborhood. officers are treating it as a vehicle collision but they do not know if a car or a muni train was involved. >>> shock and sadness through the kansas city chief's community tonight. one of the teens young players shot and killed his girlfriend before committing suicide. the dramatic jovan belcher took his life. >> the city was under lock down after the suicide of 25-year- old line backer, jovan belcher. he drove to the practice facility and thanked the chief, coach and general manager before taking his own life. >> he never threatened them or anything. they talked for a little bit and that's when he shot himself. >> reporter: the suicide followed a domestic incident 5 miles from the stadium. he shot his
. but where the clock is really taking right now is on middle-class taxes. at the end of the year middle-class taxes that are currently in place are set to expire. middle-class tax cuts that are currently in place are set to expire. there are two things that can happen. if congress does not every family in america will see their income taxes automatically go up on january 1st. every family, everybody here will see your taxes go up when the reverse. i am assuming that does not sound too good to. it sounds like the local you get for christmas. >> that is the president talking about the fiscal cliff and about attack its rates going up for the middle class. his tax plan is to elevate for the top 2 percent earners. there trying to find middle ground between now and the end of the year. we'll be back with more coverage in just a bit. the bay bridge had a problem with the metering lights down because of the power outage. the golden gate bridge traffic is a bit on the lighter side dealing with the rain pushing through. we have video of the rain hitting highway 24 at the caldecott tunnel on the e
, yes, we think it will be a wonderful christmas gift to the american people to have a tax cut come january. >> congress must come up with a budget compromise before the end of the year or tax hikes and federal spending cuts will go into affect. pelosi will try to force a house vote to break the deadlock. tonight's annual gala event honored the entertainment great including dustin hoffman, david letterman, led -zeplin and chicago's buddy guy. they received the award for culture and the arts. >>> the" twilight" finale held on to the number one spot for the third straight weekend earning more than $250 million domestically since it opened. "sky fall" hung on to second place followed by" lincoln," "rise of the guardians" and" life of pi." they should top $10 billion for the year next weekend. and now one last check on the weather with leigh glaser. >> we'll check one more time with live doppler 7hd. mainly clear conditions and no returns being picked up right now. that moisture has moved to the south and to the east of us. a nice break tonight and tomorrow, and then we will see a weake
a tax cut come january. >> congress must come up with a budget compromise before the end of the year or tax hikes and federal spending cuts will go into affect. pelosi will try to force a house vote to break the deadlock. tonight's annual gala event honored the entertainment great including dustin hoffman, david letterman, led -zeplin and chicago's buddy guy. they received the award for culture and the arts. >>> the" twilight" finale held on to the number one spot foreed earning more than $250 million domestically since it opened. "sky fall" hung on to second place followed by" lincoln," "rise of the guardians" and" life of pi." they should top $10 billion for the year next weekend. and now one last check on the weather with leigh glaser. >> we'll check one more time with live doppler 7hd. mainly clear conditions and no returns being picked up right now. that moisture has moved to the south and to the east of us. a nice break tonight and tomorrow, and then we will see a weaker system bring us more rain as we head into tuesday night and wednesday. if you are traveling tomorrow, trying
. the forecast says the new tax revenues ungovernor brown's prop 30, will slow -- under governor brown's prop 30 will slow economic growth but not derail recovery. the jobless rate in california should average 10.5% by the end of the year. it should improve to 9.7% in 2013 and fall further to 8.4 in 2014. one other note of good news, u.s. banks seeing best profits in six years and are therefore leaning more freely. katie marzullo, -- lending more freely. katie marzullo, abc7 news. >>> president obama speaks to business leaders this morning over how to avoid the fiscal cliff. currently no plans for congressional leaders to meet with the president at the white house. if no deal is reaped by year's end everyone's taxes will go up and massive cuts will take place, affecting defense and social spending. >>> when we came in this morning, just mist and drizzle. >> i hardly had to use my wipers. that is changing for a lot of folks. >> it is. right now as you look at our roof cam, nice batch of light to moderate rain falling now over the embarcadero. not so heavy we can see the ferry building and the bay
taxes on the wealthiest americans. >> that's what the president suggested. >>> ladies and gentlemen, the fiscal -- cliff! >> lottery officials will introduce the holder of one of the two winning jackpot tickets today. >> i'm very happy for him. he has worked very hard in his life and won't have to any more. >> the other big winner in arizona remains a mystery. >> the ticket holder may be all the way across this country in maryland. surveillance video shows a man who purportedly just found out that he wan on. >> now asking that person to come forward, show his ticket and bring your papers. >> lindsay lohan went to jail just to stay dry. >> whipped out his membership card. >> beau obama, inspecting the white house christmas decorations. >>> are you kidding me? >> never has drew brees thrown foiv interceptions and atlanta will survive. >>> an act of kindness by a new york cop going viral. tourist taking this photo of police officer larry deprimo giving boots to a homeless man. >> absolutely humbling experience. >> the police officer said it felt like the right thing to do and nicholas
points still the same, the white house says no tax hikes for the wealthy, no deal. republicans say it's out of the question. >> the math is clear. the only way to accomplish these things is allow the rates to go up in the top 2% of taxpayers. >> he is going to punish success. we are going to put at risk the economic growth we need to create jobs and taxpayers and revenue we need to lower our deficit. >> temperature there's no deal by the end of the year, harsh tax hikes across the board and steep spending cuts automatically kick in. >>> federal health officials say flu season is already in full swing and what's more, early reports are that this year's strain may be severe. ines ferre reports. >> reporter: if you haven't had your flu shot yet now is the time. this is therriest start of the flu season -- this is the earliest start of the flu season in decade. alabama, also louisiana, mississippi, tennessee and texas are already reporting higher-than-normal numbers of cases. >> we usually see flu begin to have an uptick in four to six weeks now so seeing it this early could predict not o
again. 34 days now until the so called fiscal cliff occurs. taxes will go upgv[; $2200 come january 1 ask both parties say they're open to compromise. the president says social media gets the message across. >> members of congress, write ask e mail. posted on the facebook walls. you can tweet it. using hash tag my 2 k. not y 2 k. my 2 k. >> one of the small business owners yesterday is the co-founder of oakland organic mushroom company called back to the roots. >> in washington, d.c. there is going to be-to-have to be things that are cut to provide stories for them to take back as proof. why this is important for small businesses to be the last things cut. they're the fabric of the country and economy. so want to stress that to them. how important this has been for us and others too. >> he admits the small business benefited from incentive programs. now they have 31 employees. >> new jersey governor says super storm sandy caused $37 billion in damage to his state saying 30,000 homes or businesses were destroyed or sustained damage. he's requesting $37 billion from the federal governme
of the year. otherwise, tax hikes will automatically kick in. >>> talk about a power lunch. president obama and mitt romney, who will dine at the white house together tomorrow afternoon. this will be the first time they have met since their final debate. the meeting will be private. no aids and no media. >>> armed with guns and sledgehammers, the daring bay area jewelry heist that took 75 seconds to pull off. >>> well, that and $7 will get you a cup of coffee. what's so special about starbucks' new brew? >>> a $580 million jackpot is up for grabs tonight. now california wants in on the action. how soon,,,,,,,,,,,,,, every time someone chooses finish over cascade, it sparks a movement. look ! no ugly spots ! and see that shine ! you've got to try finish. because once they try finish, they can't keep it to themselves. i'm switching for good. wow ! awesome ! finish is seriously good. cannot believe how great it works. incredible shine. i won't use anything else. love, love, love finish ! so far over a million neighbors, friends, and family have switched to finish. join the finish revolution. r
for separate talks on the so-called fiscal cliff. they will discuss how to avert a series of tax increases and spending cuts due to begin in january. there's been little evident progress in talks between the white house and lead gop negotiator, house speaker boehner. >>> if you the past few days wishing you lived somewhere that has power ball, you may get your wish. california may be getting in on the big game, already played in 42 other states. lottery officials meet today and are expected to regulations to join power ball on the heels of staggering jackpot of 579 million dollars. two winners, arizona and misery -- arizona and missouri. >>> 5:36. let's see what is going on with the weather. . >>> good morning. up in the north bay, clover lake, clear lake, dry creek road light showers will continue to increase throughout the afternoon south afternoon novato into san rafael, light showers, lucas valley road, damp, winds are breezy this is in advance of this next system, look at this these thunderstorms offshore, these are going to stay north, we are looking at this line of heavier rain to m
to that so-called fiscal cliff. and today, the president took his case on the road, calling for higher taxes on the wealthy. but will that break this deadlock? >>> and meet the new powerball rich, suddenly rich, still stunned over it. and tonight, the surveillance video that shows the moment a winner realized he was suddenly
.6 trillion in higher taxes, they also wanted 50 billion for infrastructure. the president in return approved spending cuts this year and legislation for saving up to $400 million for programs like medicare over a decade. >>> former rivals president obama and governor romney spoke in private. and what they said remains in private. the white house did release a photo and reported that they had white turkey chili and south western chicken salad. when romney arrived, a man ran up to him and said something. secret service quickly ran up to him. >>> imagine running the equivalent of a marathon a day. patty lee shows us what inspired a 25-year-old san francisco woman to spend the past five months making this cross country journey. >>> it took four months, 3,200 miles and 12 pairs of running shoes to get here: but this morning kelsie harrison ran to and through marin county. she started the run in july in new york city. >> the run is in honor of my friend who passed away with lung cancer right after we graduated. >> reporter: costelo was diagnosed with lung cancer. the nonsmoking teammate never sto
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